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Executive Summary
Rare opportunity to acquire a 56-unit residential rental development in the heart of Belmar. Positioned in downtown Belmar, this parcel sits along Main Street’s thriving commercial corridor, just blocks from the Belmar Marina, NJ Transit train station, and the Atlantic Ocean beachfront. The location provides unmatched access to restaurants, retail, cafes, nightlife, and public transit — all within a short walk. Belmar is a year-round destination with summer population surges and a growing base of professionals seeking coastal living with commuter access to NYC and northern NJ via train and Parkway.
Situated just minutes from the beach, marina, and downtown Belmar, the parcel features municipal approvals in place for a well-designed complex comprised of 1- 2-and 3- bedroom units. All public utilities available at street. Close proximity to NJ Transit (direct to NYC), Route 35, and major highways. Strong long-term rental demand and limited large-scale inventory make this a unique offering for builders and investors alike.
Key Features:
• Approved for 56 Residential Units
• Level, cleared site – ready to build
• High traffic visibility and access
• Walkable to downtown, beach, and rail
• Surging rental market with year-round demand
Situated just minutes from the beach, marina, and downtown Belmar, the parcel features municipal approvals in place for a well-designed complex comprised of 1- 2-and 3- bedroom units. All public utilities available at street. Close proximity to NJ Transit (direct to NYC), Route 35, and major highways. Strong long-term rental demand and limited large-scale inventory make this a unique offering for builders and investors alike.
Key Features:
• Approved for 56 Residential Units
• Level, cleared site – ready to build
• High traffic visibility and access
• Walkable to downtown, beach, and rail
• Surging rental market with year-round demand
Property Facts
| Price | $6,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.52 AC |
| Property Type | Land | ||
| Zoning | CBD1 - Central Business District | ||
| Price | $6,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.52 AC |
| Zoning | CBD1 - Central Business District |
1 Lot Available
Lot
| Price | $6,000,000 | Lot Size | 0.52 AC |
| Price Per AC | $11,615,998.33 |
| Price | $6,000,000 |
| Price Per AC | $11,615,998.33 |
| Lot Size | 0.52 AC |
150 x 150 Development Location in the heart of Belmar Main Street.
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Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 07-00075-0000-00005 | Improvements Assessment | $0 |
| Land Assessment | $325,000 | Total Assessment | $325,000 |
Property Taxes
Parcel Number
07-00075-0000-00005
Land Assessment
$325,000
Improvements Assessment
$0
Total Assessment
$325,000
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710 Main St
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